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Tata Power’s arm gets LoA from Solar Energy Corporation of India

13 Jul 2022 Evaluate

Tata Power’s wholly owned subsidiary -- TP Saurya (TPSL) has received the 'Letter of Award' (LoA) from Solar Energy Corporation of India (SECI) for setting up a 600 MW hybrid (wind and solar) power project in Karnataka. The letter was awarded through tariff-based competitive bidding followed by an e-Reverse auction. The project will be commissioned within 24 months from the PPA execution date.

Tata Power Company is India’s largest integrated power company.

Peers
Company Name CMP
NTPC 313.10
Tata Power 338.45
Adani Power 189.70
Power Grid Corpn. 247.40
Adani Energy Solut. 1275.00
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